Discuss to what degree you believe PEST (and/or PESTEL), Porter’s 5 forces, and SWOT analysis are actually useful for different sized businesses.
What can an employer do if the person stops working and goes to another company doing the same work, can the previous company stop the person from working there?
August 7, 2017Describe the key characteristics of a whistleblower, and briefly summarize one (1) researched instance of whistleblowing in one (1) publicly traded company within the last 12 months.
August 7, 2017Discuss to what degree you believe PEST (and/or PESTEL), Porter’s 5 forces, and SWOT analysis are actually useful for different sized businesses.
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As a business student you have likely spent some time learning about applications of PEST (and/or PESTEL), Porter’s 5 forces, and SWOT analysis over the years. These are useful tools for understanding the environment in which a given organization might find itself embedded. SWOT analysis is useful for understanding the organization itself on a more micro-level scale.
Discuss to what degree you believe these tools are actually useful for different sized businesses. For instance, what should a mom and pop computer repair store consider doing in the area of strategic analysis? What about a medium sized retailer?
What about a family? Is there an optimal organizational size for applying these tools? Give some evidence to support your key points.
